Free Press Journal
  • PNB Scam: Mehul Choksi breaks silence, calls ED’s allegations ‘false and baseless’

    St. John’s (Antigua and Barbuda): Defending himself, fugitive diamantaire Mehul Choksi on Tuesday said that all allegations against him by the Enforcement Directorate (ED) are “false and baseless.” “All the allegations labeled by the ED are false and baseless. They have attached my properties illegally without there being any basis of the same,” Choksi said in his first interview since the multi-crore rupee scam tumbled out. All questions by ANI to Choksi were asked

  • maharashtra, maharashtra government, anganwadi, recruitment, anganwadi recruitment, Bombay High Court

    PNB Scam: Bombay HC directs asks CBI not to discard CDRs of probing officer

    Mumbai: The Bombay High Court directed the CBI today not to discard the call data records of its officer who is investigating the multi-crore Punjab National Bank (PNB) scam involving diamond jeweller Nirav Modi. A single bench of Justice Ajey Gadkari also directed the Central Bureau of Investigation (CBI) to file its affidavit in response to an application filed by an accused, Miten Pandya, alleging illegal detention before

  • PNB eyes Rs 800 cr via selling old Head Quarter

    Mumbai : State-run Punjab National Bank (PNB) on Wednesday said it is in negotiation with a few government departments, including income tax (I-T) and central excise, to sell its erstwhile headquarters situated at the Bhikaji Cama Place in New Delhi, its headquarters until November 2017.

  • PNB Scam: Bail for 2 accused by special CBI court

    Mumbai: A special CBI court on Thursday granted bail to two accused in the multi-crore Punjab National Bank (PNB) scam. The special court granted bail to former International Chief Auditor of the bank and also a Joint President (Finance) of Gitanjali Gems Ltd on a surety of Rs 1 lakh.

  • nirav modi mehul choksi

    Nirav Modi, Mehul Choksi’s firms withdraw pleas from Delhi High Court

    New Delhi: Nirav Modi’s Firestar Diamonds International and Mehul Choksi’s Gitanjali Gems withdrew their pleas from Delhi High Court on Tuesday. Both the firms had moved the court against the Enforcement Directorate’s proceedings against them.

  • US Court issues summons to examine Nirav Modi, aides in PNB fraud case

    New York: A United States court on Friday issued summons to diamond merchant Nirav Modi and his aides at the heart of the multi-billion Punjab National Bank scam. Significantly, the US court, in its order, has recognised the claim of Punjab National Bank on proceeds of any asset sold by the US debtors of the Nirav Modi entities. The Indian ministry of corporate affairs had on February 26 filed a

  • Parliament crisis: No solution in sight

    New Delhi : Parliament remained paralysed due to pandemonium on Wednesday for the third day of the second phase of the budget session with no end in sight though Lok Sabha Speaker Sumitra Mahajan said, after an all-party meeting, that the deadlock will be resolved “in two-three days.”

  • ‘Finance Ministry will implement PMO’s decision on PNB scam’

    Mumbai: Investigation on the Punjab National Bank (PNB) scam is on in full-swing, said Minister of State (MoS) for Finance Shiv Pratap Shukla. He said the finance secretaries are in talks with Prime Minister’s office (PMO) on this matter. The finance ministry will implement the decision taken by PMO, he added.

  • Gitanjali Gems falls for 3rd day, mcap down by Rs 300 cr

    New Delhi: Market valuation of Gitanjali Gems went down by Rs 300 crore in the last three trading sessions, as the counter saw severe selling pressure after the company came under scanner of various investigating agencies following Punjab National Bank’s Rs 11,400-crore fraud detection.

  • Nirav Modi

    Who is Nirav Modi? All you need to know about PNB scam and the jewellery designer’s tryst with Bollywood

    Nirav Modi, the billionaire luxury diamond jewellery designer, founder, and creator of the Nirav Modi chain of diamond jewellery retail stores was booked by the CBI on February 5 for his involvement in the cheating case that involved transactions worth Rs 280 crore. In addition, on February 14, PNB filed two complaints against Modi after it detected fraudulent transactions worth USD 1.8 billion (over Rs 10,000 crore) in a South Mumbai corporate

  • PNB scam updates: Priyanka Chopra sues Nirav Modi over unpaid dues, Sidharth Malhotra exploring legal options

    Priyanka Chopra, the global ambassador of Nirav Modi diamond jewellery house, has sued the company for defrauding her. Priyanka has accused Modi of not paying her for the ad campaign. The designer’s dazzling ad campaigns have also been immensely popular, especially the ones featuring Sidharth Malhotra and Priyanka Chopra. The ad which featured Priyanka and Sidharth went viral on all platforms. Actor Siddharth Malhotra who was a brand ambassador is